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Home Massachusetts Boston Back Bay Apartments

Back Bay Just Renovated Affordable Studio on Newbury St Boston - $2,195

Available: 09-01-2024
6 Photos
$2,195/mo
Studio
1 Bath
Available: 09/01/2024
Back Bay, Boston, MA
Good Deal
$229 below market
Hot Water Included

Amenities & Apartment Information

Building

Parking: Street

Unit

Carpet
Effenciency Kitchen
Electric Stove
Refrigerator

Property Description

Reach out to me directly via call/text/email with any inquiries or to set up a showing.

Price Comparison

This apartment is 9.45% less expensive than the average price of $2,424 for studio apartments in Back Bay. It's rare to find an apartment this far below the average rent price in Back Bay. Units like this rent quickly. Contact us today before this great unit is rented!

Average Rent Prices for Studio Apartments in Back Bay

Rent Calculator & Affordability

Recommended Annual Gross Income

Household:

$79,818 - $105,360
A range of 25-30% is usually the recommended amount of household or combined gross income to spend on rent. This is also what many landlords are looking for in a prospective tenant, a group of roommates, or their cosigner(s). Remember, this is just a suggestion and does not take into account any other expenses you may have.

Rent Calculator

How much do you (or your cosigner) earn each year before taxes?

High Range

35% of Gross Income

$3,073

View Apartments

Mid Range

25% of Gross Income

$2,195

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Low Range

15% of Gross Income

$1,317

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Have You Considered Buying
Your Own Home?

Instead of paying $2,195/mo in rent, these homes may have a similar monthly mortgage.

This is an estimate based on a 30-year fixed-rate mortgage at 7.242% interest, 20% down payment, $120/mo homeowners insurance, and the average property tax rate of 10.90 in the Boston area. Actual interest rates, property taxes, and homeowners insurance will vary. Does not include additional expenses or fees such as closing costs, PMI, or HOA fees. Buyers must complete their own due diligence based on current market conditions.